The
FBI reportedly had a search warrant out for the hedge
fund, a roughly $2 billion technology-oriented hedge fund based
in Boston run by brothers Timothy and Todd McSweeney,
and they raided it earlier today.

Loch, which was founded in 2003, was only remotely tied to the
Galleon case, which implies that the Feds are going after
EVERYONE they can find this time.

Loch is involved because earlier this year, skittish investors
pulled money from the fund because
the founders were friends with Steven Fortuna, who plead
guilty to insider trading in the Galleon case.